First Hawaiian to buy TriCo Bancshares in all-stock deal valuing TriCo at $63.12 a share

• First Hawaiian agreed to acquire TriCo Bancshares in an all-stock deal, valuing TriCo at USD 63.12 per share based on July 10 closing prices.
• TriCo holders to receive 2.095 First Hawaiian shares per TriCo share; ownership split expected at about 65% First Hawaiian, 35% TriCo.
• Combined bank expected to have about USD 34 billion in assets, expanding First Hawaiian’s mainland footprint while keeping Tri Counties Bank branding.
• Deal targeted to close by end-2026, subject to regulatory clearances and shareholder votes; no branch closures expected.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TriCo Bancshares published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-082851), on July 13, 2026, and is solely responsible for the information contained therein.